“Rising Preference for Bio-Based and Eco-Friendly Solvents”
- Bio-based solvents, such as ethanol and other alcohol-based solvents, are gaining traction due to their low toxicity, sustainability, and compliance with stringent environmental regulations
- These solvents maintain high solvency power while reducing volatile organic compound (VOC) emissions, making them ideal for pharmaceutical applications
- In regions such as Europe, regulatory pressures to reduce VOC emissions are driving the adoption of green solvents, particularly in drug formulation processes
- Pharmaceutical companies are increasingly opting for bio-based solvents to align with sustainability goals and consumer demand for environmentally friendly products.
- For instance, solvay S.A. introduced rhodiasolv IRIS, a biodegradable and non-toxic solvent, to cater to eco-conscious pharmaceutical manufacturers
- Leading manufacturers are investing in green chemical processes, with global investments in green technology reaching USD 750 billion in 2021, boosting the development of sustainable solvent solutions
